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Hobby Family Foundation is a private corporation based in HOUSTON, TX. The foundation received its IRS ruling in 1996. The principal officer is Cathy Leeson. It holds total assets of $4.9M. Annual income is reported at $1.6M. Total assets have decreased from $14.1M in 2011 to $4.7M in 2023. The foundation is governed by 6 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2015 to 2023. Grantmaking is concentrated in Texas. According to available records, Hobby Family Foundation has made 268 grants totaling $15.7M, with a median grant of $5K. Annual giving has grown from $824K in 2020 to $13.5M in 2023. Individual grants have ranged from $250 to $6.2M, with an average award of $59K. The foundation has supported 148 unique organizations. The foundation primarily supports organizations in Rhode Island, Texas, Virginia, which account for 88% of all grants. Grantmaking reaches organizations across 16 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$400
Median Grant
$5K
Average Grant
$10K
Largest Grant
$80K
Based on 65 grants from the most recent 990-PF filing.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
Hobby Family Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 268 grants. Its grantmaking reaches organizations primarily in RI, TX, VA.
Hobby Family Foundation has distributed a total of $15.7M across 268 grants. The median grant size is $5K, with an average of $59K. Individual grants have ranged from $250 to $6.2M.
Hobby Family Foundation typically selects its grantees rather than accepting unsolicited proposals.
Hobby Family Foundation is headquartered in HOUSTON, TX. While based in TX, the foundation distributes grants to organizations across 16 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Paul W Hobby | TRUSTEE & VICE PRESIDENT | $0 | $0 | N/A |
| Wp Hobby | TRUSTEE & PRESIDENT | $0 | $0 | N/A |
| Laura H Beckworth | TRUSTEE & VICE PRESIDENT | $0 | $0 | N/A |
| Cathy Leeson | TREASURER | $0 | $0 | N/A |
| Katherine H Gibson | TRUSTEE & VICE PRESIDENT | $0 | $0 | N/A |
| Pamela George | SECRETARY | $0 | $0 | N/A |
Total Giving
$13.7M
Total Assets
$4.7M
Fair Market Value
$8.7M
Net Worth
$4.7M
Grants Paid
$13.5M
Contributions
N/A
Net Investment Income
$978K
Distribution Amount
$900K
Total: $4.3M
Total Grants
268
Total Giving
$15.7M
Average Grant
$59K
Median Grant
$5K
Unique Recipients
148
Most Common Grant
$1K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| University Of VirginiaTO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION | Boone, IA | $60K | 2023 |
| Vanguard Charitable Endownment ProgramMAGNOLIA FAMILY FUND | Warwick, RI | $6.2M | 2023 |
| Memorial Park ConservancyTO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION | Houston, TX | $110K | 2023 |
| Unc Chapel HillTO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION | Chapel Hill, NC | $100K | 2023 |
| Menil Foundation Inc - The Menil CollectionTO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION | Houston, TX | $70K | 2023 |
| St John'S SchoolTO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION | Houston, TX | $65K | 2023 |
| Baylor College Of MedicineTO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION | Houston, TX | $55K | 2023 |
| The Hobby Center FoundationTO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION | Houston, TX | $50K | 2023 |
| University Of Texas Law School FoundationTO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION | Austin, TX | $50K | 2023 |
| UatxTO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION | Austin, TX | $33K | 2023 |
| Kappa Alpha Theta FoundationTO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION | Columbus, GA | $25K | 2023 |
| University Of Texas Foundation IncTO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION | Austin, TX | $25K | 2023 |
| The Alpine ChapelTO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION | Telluride, CO | $20K | 2023 |
| Brenham Main Str Historical PreservationTO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION | Brenham, TX | $20K | 2023 |
| University Of Texas At Austin Development OfficeTO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION | Austin, TX | $20K | 2023 |
| Lyndon Baines Johnson FoundationTO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION | Austin, TX | $20K | 2023 |
| Austin Pbs Klru-TvTO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION | Austin, TX | $20K | 2023 |
| The University Of Tx Md Anderson Cancer CenterTO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION | Houston, TX | $15K | 2023 |
| Friends Of The Children - AustinTO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION | Austin, TX | $15K | 2023 |
| The Church Of St John The DivineTO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION | Houston, TX | $12K | 2023 |
| Houston Botanic GardenTO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION | Houston, TX | $10K | 2023 |
| University Of Texas Ex-Students AssociationTO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION | Austin, TX | $10K | 2023 |
| Buffalo Bayou PartnershipTO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION | Houston, TX | $10K | 2023 |
| Center For PursuitTO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION | Houston, TX | $10K | 2023 |
| Will Erwin Headache Research FoundationTO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION | Houston, TX | $10K | 2023 |
| Virginia Athletics FoundationTO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION | Charlottesville, VA | $10K | 2023 |
| College Foundation Of The University Of VirginiaTO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION | Boone, IA | $10K | 2023 |
| Texas Cultural Trust CouncilTO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION | Austin, TX | $10K | 2023 |
| Museum Of Fine Arts HoustonTO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION | Houston, TX | $10K | 2023 |
| Best Defense FoundationTO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION | Solana Beach, CA | $10K | 2023 |
| St Luke'S United Methodist ChurchTO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION | Houston, TX | $10K | 2023 |
| Hope And Healing Center & InstituteTO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION | Houston, TX | $10K | 2023 |
| Sire IncTO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION | Houston, TX | $10K | 2023 |
| Rice University'S Baker InstituteTO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION | Houston, TX | $10K | 2023 |
| Telluride FoundationTO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION | Telluride, CO | $10K | 2023 |
| Noras Gift FoundationTO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION | Houston, TX | $10K | 2023 |
| Childrens Museum IncTO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION | Houston, TX | $10K | 2023 |
| Planned Parenthood Center For ChoiceTO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION | Houston, TX | $10K | 2023 |
| Rice UniversityTO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION | Houston, TX | $5K | 2023 |
| Hermann Park ConservancyTO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION | Houston, TX | $5K | 2023 |
| Alzheimers Disease & Re Disorders AssociationTO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION | Houston, TX | $5K | 2023 |
| Hays County Citizens Sherrifs Academy AlumniTO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION | San Marcos, TX | $5K | 2023 |
| Houston Zoo IncTO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION | Houston, TX | $5K | 2023 |
| River Oaks FoundationTO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION | Houston, TX | $5K | 2023 |
| San Marcos Citizens Police Academy Alumni Association IncTO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION | San Marcos, TX | $5K | 2023 |